Hitachi Astemo Ohio Manufacturing, Inc.401(k)
401K & PROFIT SHARING PLAN OF HITACHI ASTEMO OHIO MANUFACTURING, INC. · SUNBURY, OH · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Hitachi Astemo Ohio Manufacturing, Inc. reported $164,879 in plan administrative expenses for 2022: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,386 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 535th-largest of 3,295 plans among Ohio employers on file, and the 2,674th of 13,661 in manufacturing. In 2022, employees put in $1.97 for every $1.00 the employer contributed.
Hitachi Astemo Ohio Manufacturing, Inc.'s 2022 employer contribution ran below the $3,449 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 311202270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.